IT Services Business Seeking Loan in Rishikesh, India
Uttarakhand based IT services provider along with CCTV Installation to small businesses.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 58 thousand |
| Run Rate Sales | USD 42 thousand |
| EBITDA Margin | 30 % |
| Industries | IT Services |
| Locations | Rishikesh |
| Local Time | 12:27 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
29 thousand
for
14.0%
annual interest,
3
years
(Native Currency: INR 2,500,000)
Reason: Business requires funds to increase the volume of inventory.
Collateral Available: USD 0
Includes physical assets worth
USD
3.5 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Business provides IT solutions with a focus on providing computer training and education, CCTV installation, digital marketing, and brand promotion services.
- We have 10-15 business clients for whom we provide digital marketing and brand promotion services.
- Business has 3 contractual staff who work on a project basis.
- Computer education, digital marketing and brand promotion contribute to about 50% of our sales and the remaining 50% comes from CCTV installation.
- Sales fluctuate based on project basis but projected sales for this year is around INR 70 lakh.
- Business holds GST certificate.
- We have 10-15 business clients for whom we provide digital marketing and brand promotion services.
- Business has 3 contractual staff who work on a project basis.
- Computer education, digital marketing and brand promotion contribute to about 50% of our sales and the remaining 50% comes from CCTV installation.
- Sales fluctuate based on project basis but projected sales for this year is around INR 70 lakh.
- Business holds GST certificate.
Products & Services Overview
- We sell computer accessories like chargers, mice, keyboards and such.- We also provide computer training and education, CCTV Installation, digital marketing, graphic designing and brand promotion for businesses.
- The top selling service is CCTV installation as it contributes to 50% of our revenue.
Assets Overview
Computer hardware, software, accessories, digital marketing software, and fixtures.
Facilities Overview
The facility consists of a rented space of 180 sq ft with a monthly rent of INR 12,000 and another 170 sq ft warehouse which is owned by the promoter.
Capitalization Overview
- The business is sole proprietorship and funded by the promoter.- The business has an outstanding debt of INR 9.6 lakh for a duration of 3 years.
Recent Activity
-
Earlier than 15 daysDirector, Holding - Technology, Jakarta, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Director, Software Development, Hyderabad, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysFinance Head, Accounting, USA, Individual Investor / Buyer connected with the Business
Tags:
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·Lend to IT Business in Rishikesh, India
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